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Stock impact report

Analysts Have Just Cut Their Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) Revenue Estimates By 13% [Yahoo! Finance]

Ironwood Pharmaceuticals, Inc. - Class A (IRWD) 
Last ironwood pharmaceuticals, inc. - class a earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ironwoodpharma.com
Company Research Source: Yahoo! Finance
NASDAQ:IRWD ), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Revenue estimates were cut sharply as the analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Following the latest downgrade, the six analysts covering Ironwood Pharmaceuticals provided consensus estimates of US$356m revenue in 2024, which would reflect a not inconsiderable 11% decline on its sales over the past 12 months. Before the latest update, the analysts were foreseeing US$410m of revenue in 2024. The consensus view seems to have become more pessimistic on Ironwood Pharmaceuticals, noting the measurable cut to revenue estimates in this update. Check out our latest analysis for Ironwood Pharmaceuticals The consensus price target fell 21% to US$12.50, with the analysts clearly less optimistic about Ironwood Pharmaceuticals' valuation following this update. Looking at the b Show less Read more
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